Not aware of Kiran Karnik being on EMRI board: PC Gupta Not aware of Kiran Karnik being on EMRI board: PC Gupta Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« News Headlines »

Last minute checklist for filing income tax return
Filing tax returns? Here are seven things to remember
Clarifications on computation of book profit for the purposes of levy of Minimum Alternate Tax (MAT) under section 115JB of the Income-tax Act, 1961 for Indian Accounting Standards (Ind AS) compliant companies.
Mistakes in filing income tax returns that may get you a tax notice
Know how you can claim return of income in Form 26 AS case
What you must know for tax filing this year
How to file tax return if you have two Form 16s
10 things you should know about Form 26 AS
How to file income tax return without Form 16
How to rectify income tax returns
Income-tax (21st Amendment) Rules, 2017


« Manipulated Satyam accounts for 7 yrs, confesses Raju...	Satyam fraud: More than accounting skullduggery... »
Not aware of Kiran Karnik being on EMRI board: PC Gupta

January, 12th 2009
Minister of Corporate Affairs PC Gupta said he was not aware that Kiran Karnik, one of the newly-appointed Satyam board member, was also on the board of Emergency Management and Research Institute (EMRI). However, he said there is no conflict of interest with HDFC chairman Deepak Parekh being on the board of other IT companies.Mr Parekh is also on the new Satyam board. ICAI will take its own action in due course, do not want to rush to any action under pressure, Gupta added. Commenting on the same, EMRI CEO, Venkat Changavalli said Karnik resigned from EMRI governing board on January 9. He also said that Satyam founder and former Chairman, B Ramalinga Raju also resigned as EMRI Chairman on January 7. EMRI, a non-profit organisation, has been providing comprehensive emergency response services since August 2005 in Andhra Pradesh and was expanding into other states.